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Banking Industry Description

The banking industry in Mississippi is a vital component of the state's economy. Mississippi has a diverse banking sector, with both large national banks and smaller community banks operating within the state. The state's banking industry is regulated by the Mississippi Department of Banking and Consumer Finance, which oversees the licensing and supervision of banks and other financial institutions. The largest banks in Mississippi include Trustmark National Bank, BancorpSouth Bank, and Renasant Bank. These banks offer a range of financial services, including personal and business banking, loans, and investment services. In addition to these larger banks, Mississippi is also home to many smaller community banks that serve local communities throughout the state. One of the key challenges facing the banking industry in Mississippi is the state's relatively low median household income, which can make it difficult for banks to attract and retain customers. However, many banks in the s...

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51

COMPANIES

5.06 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Banking

$81,572

AVG SALARY

top companies

Top Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Banking

United States, Mississippi

250 Million to 500 Million

10001+

Banking

United States, Mississippi

250 Million to 500 Million

10001+

Banking

United States, Mississippi

250 Million to 500 Million

5001-10000

Banking

United States, Mississippi

500 Million to 1 Billion

1001-5000

Banking

United States, Mississippi

250 Million to 500 Million

1001-5000

Banking

United States, Mississippi

250 Million to 500 Million

1001-5000

Banking

United States, Mississippi

250 Million to 500 Million

1001-5000

Banking

United States, Mississippi

25 Million to 50 Million

10001+

Banking

United States, Mississippi

250 Million to 500 Million

501-1000

Banking

United States, Mississippi

100 Million to 250 Million

1001-5000

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employees

Segmentation by Number of Employees

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Industry + State Overview

The banking and finance industry in Mississippi plays a crucial role in the state's economy. It encompasses a wide range of financial institutions, including commercial banks, credit unions, investment firms, and insurance companies. These entities provide essential services such as lending, investment management, insurance coverage, and financial advice to individuals, businesses, and government entities in Mississippi. Commercial banks, which are the backbone of the industry, offer various financial products and services, including checking and savings accounts, loans, mortgages, and credit cards. They facilitate economic growth by providing capital to businesses for expansion and investment. Additionally, commercial banks play a vital role in personal finance, helping individuals manage their money, save for the future, and achieve their financial goals. Credit unions, on the other hand, are member-owned financial cooperatives that offer similar services to commercial banks. H...

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FAQ

FAQs

The top Banking companies in Mississippi are Hancock Bank, The South Financial Group and Cadence Bank. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 51 of Banking companies in the US according to the latest CIENCE data.

The median revenue for Banking companies in the US is 17500000.

Yes, the Banking industry in Mississippi is known for Banking as there are 51 companies in Mississippi.

The average revenue for Banking companies in Mississippi is 99264706.

You can find job opportunities in the Banking in Mississippi through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The overall Banking industry main page is found here.

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